morekaos
Well-known member
The unintended consequences of increasing the housing stock dramatically and incentivize density living to address homelessness and global warming will destroy cities and ironically make both problems worse. Typical of politicians lack of basic understanding of economics in a vain attempt to look like they are doing something and virtue signaling with little regard to real world consequences and their constituents….
Long Beach to get nearly 1,000 new apartments plus retail space at PCH and Second Street
https://lbpost.com/news/business/development/pch-second-street-developments-new-traffic-apartments
This will be a traffic disaster. 3-5000 people trying to come and go off one small street off PCH. (city will not allow a PCH entrance)
This guy figured it all out and is destroying neighborhoods with the governments unanimous blessing with full tax breaks and incentives. 6 to 8 story apartment buildings on a single-family lot in a single-family neighborhood and because of the way, the politicians wrote the laws, they can’t stop him …
This L.A. developer aims to tear down homes to build apartments where the city doesn't want them
In Los Angeles, no one is pushing the envelope more than Jha. Besides the 33-unit Harvard Heights project nestled between the 10 Freeway and Koreatown, he has two proposals in the San Fernando Valley to tear down single-family homes and build dozens of apartments and townhomes on the sites — all efforts that never before would have stood a chance of getting built.
“The neighbors have no real leverage anymore,” he said.
Jha’s proposals have left community members apoplectic. In Woodland Hills, Jha wants to replace a four-bedroom home with an apartment complex of 67 units, seven of which, because of the density bonus and related incentive programs, would be reserved for low-income disabled veterans.
Mihran Kalaydjian, vice president of the Woodland Hills/Warner Center Neighborhood Council, said the development would hurt the area.
“When you’re taking single-family homes and replacing them with big apartment buildings, the residents and the tenants of those apartments are coming from different backgrounds,” Kalaydjian said. “The different backgrounds could be criminal backgrounds. It could influence our neighborhoods.”
https://www.msn.com/en-us/money/rea...s-where-the-city-doesnt-want-them/ar-AA1eDyZQ
…welcome to desert of the real
Long Beach to get nearly 1,000 new apartments plus retail space at PCH and Second Street
https://lbpost.com/news/business/development/pch-second-street-developments-new-traffic-apartments
This will be a traffic disaster. 3-5000 people trying to come and go off one small street off PCH. (city will not allow a PCH entrance)
This guy figured it all out and is destroying neighborhoods with the governments unanimous blessing with full tax breaks and incentives. 6 to 8 story apartment buildings on a single-family lot in a single-family neighborhood and because of the way, the politicians wrote the laws, they can’t stop him …
This L.A. developer aims to tear down homes to build apartments where the city doesn't want them
In Los Angeles, no one is pushing the envelope more than Jha. Besides the 33-unit Harvard Heights project nestled between the 10 Freeway and Koreatown, he has two proposals in the San Fernando Valley to tear down single-family homes and build dozens of apartments and townhomes on the sites — all efforts that never before would have stood a chance of getting built.
“The neighbors have no real leverage anymore,” he said.
Jha’s proposals have left community members apoplectic. In Woodland Hills, Jha wants to replace a four-bedroom home with an apartment complex of 67 units, seven of which, because of the density bonus and related incentive programs, would be reserved for low-income disabled veterans.
Mihran Kalaydjian, vice president of the Woodland Hills/Warner Center Neighborhood Council, said the development would hurt the area.
“When you’re taking single-family homes and replacing them with big apartment buildings, the residents and the tenants of those apartments are coming from different backgrounds,” Kalaydjian said. “The different backgrounds could be criminal backgrounds. It could influence our neighborhoods.”
https://www.msn.com/en-us/money/rea...s-where-the-city-doesnt-want-them/ar-AA1eDyZQ
…welcome to desert of the real